mardan (norwich) limited
mardan (norwich) limited Company Information
Company Number
02615524
Next Accounts
1 days late
Shareholders
tannen group ltd
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
sutherland house, 70-78 west hendon, broadway london, NW9 7BT
Website
-mardan (norwich) limited Estimated Valuation
Pomanda estimates the enterprise value of MARDAN (NORWICH) LIMITED at £11.7m based on a Turnover of £3.1m and 3.78x industry multiple (adjusted for size and gross margin).
mardan (norwich) limited Estimated Valuation
Pomanda estimates the enterprise value of MARDAN (NORWICH) LIMITED at £34.4m based on an EBITDA of £4.2m and a 8.11x industry multiple (adjusted for size and gross margin).
mardan (norwich) limited Estimated Valuation
Pomanda estimates the enterprise value of MARDAN (NORWICH) LIMITED at £49.3m based on Net Assets of £31.3m and 1.58x industry multiple (adjusted for liquidity).
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Mardan (norwich) Limited Overview
Mardan (norwich) Limited is a live company located in broadway london, NW9 7BT with a Companies House number of 02615524. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in May 1991, it's largest shareholder is tannen group ltd with a 100% stake. Mardan (norwich) Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.1m with declining growth in recent years.
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Mardan (norwich) Limited Health Check
Pomanda's financial health check has awarded Mardan (Norwich) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
2 Weak
Size
annual sales of £3.1m, make it larger than the average company (£824.8k)
£3.1m - Mardan (norwich) Limited
£824.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (2.4%)
- Mardan (norwich) Limited
2.4% - Industry AVG
Production
with a gross margin of 91.9%, this company has a lower cost of product (71.1%)
91.9% - Mardan (norwich) Limited
71.1% - Industry AVG
Profitability
an operating margin of 136.9% make it more profitable than the average company (29%)
136.9% - Mardan (norwich) Limited
29% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Mardan (norwich) Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Mardan (norwich) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £775.7k, this is more efficient (£181.9k)
£775.7k - Mardan (norwich) Limited
£181.9k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is later than average (25 days)
43 days - Mardan (norwich) Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is slower than average (32 days)
35 days - Mardan (norwich) Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mardan (norwich) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is more cash available to meet short term requirements (10 weeks)
13 weeks - Mardan (norwich) Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.8%, this is a similar level of debt than the average (63.1%)
60.8% - Mardan (norwich) Limited
63.1% - Industry AVG
MARDAN (NORWICH) LIMITED financials
Mardan (Norwich) Limited's latest turnover from June 2023 is £3.1 million and the company has net assets of £31.3 million. According to their latest financial statements, Mardan (Norwich) Limited has 4 employees and maintains cash reserves of £508.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,102,859 | 3,202,323 | 3,253,493 | 3,135,571 | 3,141,525 | 3,165,148 | 3,089,162 | 4,664,932 | 3,117,478 | 3,663,730 | 3,613,592 | 3,813,496 | 4,031,962 | 4,372,628 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 250,948 | 291,750 | 418,917 | 695,010 | 320,316 | 532,815 | 402,029 | 531,774 | 936,071 | 644,448 | 372,714 | 578,933 | 1,349,390 | |
| Gross Profit | 2,851,911 | 2,910,573 | 2,834,576 | 2,440,561 | 2,821,209 | 2,632,333 | 2,687,133 | 4,133,158 | 2,181,407 | 3,019,282 | 3,240,878 | 3,234,563 | 2,682,572 | |
| Admin Expenses | -1,396,802 | -5,610,760 | 303,419 | -3,680,086 | -315,434 | -2,698,373 | 759,292 | 784,754 | -83,174 | 280,226 | 5,487,763 | 648,852 | 2,047,063 | |
| Operating Profit | 4,248,713 | 8,521,333 | 2,531,157 | 6,120,647 | 3,136,643 | 5,330,706 | 1,927,841 | 3,348,404 | 2,264,581 | 2,739,056 | -2,246,885 | 2,585,711 | 635,509 | 2,220,419 |
| Interest Payable | 1,897,096 | 1,924,454 | 1,945,348 | 1,986,533 | 2,203,864 | 2,097,808 | 2,128,002 | 1,941,331 | 2,190,566 | 2,191,300 | 2,205,104 | 2,218,029 | 2,230,073 | 3,382,086 |
| Interest Receivable | 1,225,181 | 1,237,216 | 1,250,696 | 1,279,456 | 1,318,353 | 1,349,278 | 1,277,053 | 20,575 | ||||||
| Pre-Tax Profit | 3,576,798 | 7,834,095 | 1,836,505 | 5,413,570 | 2,251,132 | 4,582,176 | 1,076,892 | 1,407,073 | 74,015 | 557,475 | -4,451,989 | 367,682 | -1,594,564 | 3,668,372 |
| Tax | -691,730 | -888,250 | -114,000 | -490,584 | -589,000 | |||||||||
| Profit After Tax | 2,885,068 | 6,945,845 | 1,722,505 | 4,922,986 | 2,251,132 | 3,993,176 | 1,076,892 | 1,407,073 | 74,015 | 557,475 | -4,451,989 | 367,682 | -1,594,564 | 3,668,372 |
| Dividends Paid | 1,708,941 | |||||||||||||
| Retained Profit | 2,885,068 | 6,945,845 | 1,722,505 | 4,922,986 | 2,251,132 | 3,993,176 | 1,076,892 | 1,407,073 | 74,015 | 557,475 | -4,451,989 | 367,682 | -1,594,564 | 1,959,431 |
| Employee Costs | ||||||||||||||
| Number Of Employees | 4 | 4 | 4 | 4 | 4 | |||||||||
| EBITDA* | 4,248,713 | 8,521,333 | 2,531,157 | 6,120,647 | 3,136,643 | 5,330,706 | 1,927,841 | 3,348,404 | 2,264,581 | 2,739,056 | -2,246,885 | 2,585,711 | 635,509 | 2,220,419 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||||||||
| Intangible Assets | ||||||||||||||
| Investments & Other | 45,090,721 | 42,822,475 | 41,424,229 | 40,830,983 | 36,167,737 | 37,674,491 | 24,966,157 | 26,669,912 | 26,654,995 | 29,311,958 | 29,368,995 | 34,144,674 | 34,144,674 | 35,144,674 |
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 45,090,721 | 42,822,475 | 41,424,229 | 40,830,983 | 36,167,737 | 37,674,491 | 24,966,157 | 26,669,912 | 26,654,995 | 29,311,958 | 29,368,995 | 34,144,674 | 34,144,674 | 35,144,674 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 366,601 | 191,775 | 352,243 | 346,051 | 306,370 | 377,715 | 359,784 | 530,517 | 66,374 | 21,452 | 42,204 | 67,936 | 124,734 | 58,358 |
| Group Debtors | 33,844,705 | 33,160,687 | 26,131,069 | 25,788,347 | 27,376,889 | 27,120,268 | 26,845,417 | 1,002,328 | 39,080 | |||||
| Misc Debtors | 68,121 | 160,309 | 136,620 | 173,150 | 235,549 | 323,149 | 363,046 | 297,769 | 3,424,674 | 162,829 | 25,720 | 53,814 | ||
| Cash | 508,269 | 424,496 | 1,653,927 | 1,283,596 | 1,934,511 | 503,643 | 625,521 | 2,822,407 | 125,120 | 176,522 | 703,273 | 15,615 | 603,803 | |
| misc current assets | ||||||||||||||
| total current assets | 34,787,696 | 33,937,267 | 28,273,859 | 27,591,144 | 29,853,319 | 28,324,775 | 28,193,768 | 3,650,693 | 3,616,168 | 1,186,609 | 283,526 | 771,209 | 140,349 | 715,975 |
| total assets | 79,878,417 | 76,759,742 | 69,698,088 | 68,422,127 | 66,021,056 | 65,999,266 | 53,159,925 | 30,320,605 | 30,271,163 | 30,498,567 | 29,652,521 | 34,915,883 | 34,285,023 | 35,860,649 |
| Bank overdraft | 7,623,729 | 9,106,587 | 416,427 | 32,599,961 | 3,116,000 | 3,383,123 | 169,276 | |||||||
| Bank loan | 694,149 | 666,370 | 639,012 | 613,741 | 624,430 | 962,611 | 923,129 | |||||||
| Trade Creditors | 24,527 | 10,722 | 247,325 | 87,973 | 45,976 | 87,460 | 113,768 | 543 | ||||||
| Group/Directors Accounts | 2,468,601 | 2,468,601 | 2,468,601 | 3,068,601 | 2,962,713 | 642,687 | 253,745 | |||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 1,201,265 | 1,006,823 | 903,648 | 1,009,803 | 971,268 | 1,096,515 | 1,170,001 | 1,261,069 | 986,169 | 1,075,246 | 771,999 | 746,440 | 517,470 | 756,414 |
| total current liabilities | 1,919,941 | 1,683,915 | 1,789,985 | 1,711,517 | 4,110,275 | 4,615,187 | 4,675,499 | 11,953,942 | 13,055,469 | 1,491,673 | 33,371,960 | 4,505,127 | 4,154,338 | 925,690 |
| loans | 43,788,095 | 44,482,244 | 45,148,615 | 45,787,627 | 46,401,368 | 48,125,798 | 49,088,409 | 20,047,539 | 20,303,643 | 32,168,858 | 29,678,206 | 29,765,816 | 32,975,526 | |
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 2,882,208 | 2,190,478 | 1,302,228 | 1,188,228 | 697,644 | |||||||||
| total long term liabilities | 46,670,303 | 46,672,722 | 46,450,843 | 46,975,855 | 47,099,012 | 48,823,442 | 49,088,409 | 20,047,539 | 20,303,643 | 32,168,858 | 29,678,206 | 29,765,816 | 32,975,526 | |
| total liabilities | 48,590,244 | 48,356,637 | 48,240,828 | 48,687,372 | 51,209,287 | 53,438,629 | 53,763,908 | 32,001,481 | 33,359,112 | 33,660,531 | 33,371,960 | 34,183,333 | 33,920,154 | 33,901,216 |
| net assets | 31,288,173 | 28,403,105 | 21,457,260 | 19,734,755 | 14,811,769 | 12,560,637 | -603,983 | -1,680,876 | -3,087,949 | -3,161,964 | -3,719,439 | 732,550 | 364,869 | 1,959,433 |
| total shareholders funds | 31,288,173 | 28,403,105 | 21,457,260 | 19,734,755 | 14,811,769 | 12,560,637 | -603,983 | -1,680,876 | -3,087,949 | -3,161,964 | -3,719,439 | 732,550 | 364,869 | 1,959,433 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 4,248,713 | 8,521,333 | 2,531,157 | 6,120,647 | 3,136,643 | 5,330,706 | 1,927,841 | 3,348,404 | 2,264,581 | 2,739,056 | -2,246,885 | 2,585,711 | 635,509 | 2,220,419 |
| Depreciation | ||||||||||||||
| Amortisation | ||||||||||||||
| Tax | -691,730 | -888,250 | -114,000 | -490,584 | -589,000 | |||||||||
| Stock | ||||||||||||||
| Debtors | 766,656 | 6,892,839 | 312,384 | -1,611,260 | 97,676 | 252,885 | 26,739,961 | -2,662,762 | 2,304,439 | 1,079,605 | 39,068 | -56,798 | 12,562 | 112,172 |
| Creditors | 13,805 | -236,603 | 159,352 | 41,997 | -41,484 | -26,308 | 113,225 | 543 | ||||||
| Accruals and Deferred Income | 194,442 | 103,175 | -106,155 | 38,535 | -125,247 | -73,486 | -91,068 | 274,900 | -89,077 | 303,247 | 25,559 | 228,970 | -238,944 | 756,414 |
| Deferred Taxes & Provisions | 691,730 | 888,250 | 114,000 | 490,584 | 697,644 | |||||||||
| Cash flow from operations | 3,690,304 | 1,495,066 | 2,271,970 | 7,812,439 | 3,569,880 | 4,389,027 | -24,789,963 | 6,286,609 | -128,935 | 1,962,698 | -2,260,394 | 2,871,479 | 384,003 | 2,864,661 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 2,268,246 | 1,398,246 | 593,246 | 4,663,246 | -1,506,754 | 12,708,334 | -1,703,755 | 14,917 | -2,656,963 | -57,037 | -4,775,679 | -1,000,000 | 35,144,674 | |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 27,779 | 27,358 | 25,271 | -10,689 | -338,181 | 39,482 | 923,129 | |||||||
| Group/Directors Accounts | -2,468,601 | -600,000 | 105,888 | 2,962,713 | -642,687 | 388,942 | 253,745 | |||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -694,149 | -666,371 | -639,012 | -613,741 | -1,724,430 | -962,611 | 29,040,870 | -256,104 | -11,865,215 | 32,168,858 | -29,678,206 | -87,610 | -3,209,710 | 32,975,526 |
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -671,915 | -687,238 | -694,652 | -707,077 | -885,511 | -748,530 | -850,949 | -1,941,331 | -2,190,566 | -2,191,300 | -2,205,104 | -2,218,029 | -2,230,073 | -3,361,511 |
| cash flow from financing | -1,338,285 | -1,326,251 | -1,308,393 | -3,800,108 | -2,948,122 | 7,499,785 | 28,513,051 | -2,091,547 | -11,093,068 | 29,977,558 | -32,525,997 | -1,916,698 | -5,186,038 | 29,614,017 |
| cash and cash equivalents | ||||||||||||||
| cash | 83,773 | -1,229,431 | 370,331 | -650,915 | 1,430,868 | -121,878 | -2,196,886 | 2,697,287 | 125,120 | -176,522 | -526,751 | 687,658 | -588,188 | 603,803 |
| overdraft | -7,623,729 | -1,482,858 | 8,690,160 | -32,183,534 | 29,483,961 | -267,123 | 3,213,847 | 169,276 | ||||||
| change in cash | 83,773 | -1,229,431 | 370,331 | -650,915 | 1,430,868 | -121,878 | 5,426,843 | 4,180,145 | -8,565,040 | 32,007,012 | -30,010,712 | 954,781 | -3,802,035 | 434,527 |
mardan (norwich) limited Credit Report and Business Information
Mardan (norwich) Limited Competitor Analysis
Perform a competitor analysis for mardan (norwich) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in NW9 area or any other competitors across 12 key performance metrics.
mardan (norwich) limited Ownership
MARDAN (NORWICH) LIMITED group structure
Mardan (Norwich) Limited has no subsidiary companies.
mardan (norwich) limited directors
Mardan (Norwich) Limited currently has 4 directors. The longest serving directors include Mr Daniel Tannen (May 1991) and Mr David Tannen (May 1991).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Tannen | England | 67 years | May 1991 | - | Director |
| Mr David Tannen | 95 years | May 1991 | - | Director | |
| Mr Martin Tannen | England | 69 years | Dec 1993 | - | Director |
| Mr Jonathan Miller | 61 years | Mar 2013 | - | Director |
P&L
June 2023turnover
3.1m
-3%
operating profit
4.2m
-50%
gross margin
92%
+1.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
31.3m
+0.1%
total assets
79.9m
+0.04%
cash
508.3k
+0.2%
net assets
Total assets minus all liabilities
mardan (norwich) limited company details
company number
02615524
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
May 1991
age
34
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
sutherland house, 70-78 west hendon, broadway london, NW9 7BT
Bank
BARCLAYS BANK PLC
Legal Advisor
-
mardan (norwich) limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 36 charges/mortgages relating to mardan (norwich) limited. Currently there are 27 open charges and 9 have been satisfied in the past.
mardan (norwich) limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for MARDAN (NORWICH) LIMITED. This can take several minutes, an email will notify you when this has completed.
mardan (norwich) limited Companies House Filings - See Documents
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